Buyer Resources

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• Provider/Agency:  Camden County Department of Community Development 

• Description:  The First Time Homebuyer Program provides down payment assistance of up to $10,000 for eligible first time homebuyers in Camden County. 

• Eligibility:  Open to first time homebuyers in Camden County. 

• Application Instructions: Call or visit the website for information 

• Fees:  None

• Locations: Department of Community Development  (2220 Voorhees Town CenterVoorhees, NJ 08043)

•  Hours:  Mon - Fri 8:00 am - 4:30 pm 

•  Main Phone: 856-374-2580

•  Fax: 856-374-2585 

•  Languages Offered: 

 English, Spanish 

•  Coverage Area:  Camden County

•  Provider/Agency:  NJ Housing and Mortgage Finance Agency (HMFA)

•  Description: Provides $10,000 for qualified first-time homebuyers to use as down payment and closing cost assistance when purchasing a home in New Jersey. The DPA is an interest-free, five-year forgivable second loan with no monthly payment.

• Eligibility: Do I Qualify for This Program?
  Are you a first-time homebuyer with a credit score of 620 or greater?
  You're considered a first-time homebuyer if you have not owned a home within the previous three years.
  Are you planning to purchase a home in New Jersey?
  This program applies to homes to be used as a primary residence in any New Jersey county.
  
• Application Instructions: Ready to Get Started?
  If you answered YES to the questions above, contact one of NJHMFAs participating lenders and ask for an NJHMFA First-Time Homebuyer Mortgage Program loan today!
  
• Fees: Please call for information.

• Locations: Trenton Office: (637 South Clinton AveTrenton, NJ 08650)

• Hours: Mon - Fri 8:30am - 4:00pm

• Main Phone: (609) 278-7400

• Languages Offered: English

• Coverage Area: New Jersey 

• Provider/Agency: Burlington County Community Development and Housing

• Description: Provides down payment and closing cost assistance to eligible residents of Burlington County who are first time homebuyers. Total financial assistance will not exceed $4000 for closing cost assistance and $5000 for down payments.

• Eligibility: Prospective homebuyers must meet the following requirements to be eligible for assistance:
  · Have not owned a home in the last three (3) years
  · Be a qualified low-income household
  · Be the owner of the property after purchase
  · Occupy the property as their principal residence after the purchase
  · Attend certified housing counseling certificate course
  · Property must be purchased within Burlington County
  · Must be a United States citizen or legal resident
  *Single parent and displaced homemakers may be eligible for the program, despite not meeting all criteria listed above.

• Application Instructions: Call for information.

• Fees: Applicants must pay at least 3% of the purchase price towards the down payment. Assistance will not need to be repaid as long as the homeowner remains in the home for at least 6 years. Call for more information.

• Locations: Human Services Facility795 Woodlane RdWestampton, NJ 08060

• Hours: Mon - Fri 8:00am - 5:00pm

• Main Phone: (609) 265-5072

• Fax: (609) 265-5500

• Languages Offered: English

• Coverage Area: Burlington County 

• Provider/Agency: Gloucester County Division of Housing and Community Development

• Description: Provides partial down payment and closing cost assistance to eligible residents of Gloucester County, who are first time homebuyers.

• Eligibility: Prospective homebuyers who reside in Gloucester County. Applicants must meet the following requirements to be eligible for assistance: Have not owned a home in the last three (3) years. Be a qualified low-income household, 80% or less of the median income for Gloucester County
  Occupy the property as their principal residence after the purchase
  Attend an 8 hour HUD approved Home Buyer Education course
  Property must be purchased within Gloucester County
  Must be a United States citizen or legal resident
  Disaster victims and displaced homemakers may be eligible for the program, despite not meeting all criteria listed above.

• Application Instructions: Please call to schedule an appointment. For more information or to obtain an application, please visit the website.

• Fees: None to apply. Applicants must be able to contribute 3% of the purchase price of the home from their own personal finances.

• Locations: Economic Development Center1480 Tanyard RdDeptford, NJ 08096

Directions

• Hours: Mon - Fri 8:30am - 4:00pm

• Main Phone: (856) 307-6650

• Fax: (856) 307-6656

• Languages Offered: English

• Coverage Area: Gloucester County 

• Provider/Agency: PROCEED

• Description: Provides a match savings account to low-income families who are saving up to buy a house, further their education, or expand a small business. For every $1 that qualified participating families deposit, the IDA program will deposit an additional $1. Individuals and families can participate in the program for up to 3 years and receive up to $1500 through savings matches each year. The match savings program is offered to eligible families who are also undergoing financial education at PROCEED, including 18 hours of financial management education in the first year of the program, and approximately 10 hours of training with a focus on responsible asset choice during the second year. In addition, clients meet with an experienced staff member at least once a month to continue developing a savings plan, discuss income changes, make the appropriate changes to their financial goals, track expenses, and review credit reports. Participants deposit at least $25 per month during the first month of the program and at least $40 per month during the second and third years.

• Eligibility: Open to families with an income of no more than 200% of the Federal Poverty Guidelines, who are actively participating in all program requirements.

• Application Instructions: Please call for more information and/or to apply.

• Fees: Minimum savings deposit of $25-40 per month.

• Locations: Elizabeth, Dickinson St Office          (1126 Dickinson StElizabeth, NJ 07201)

Directions

• Hours: Mon - Fri 9:00am - 5:00pm

• Main Phone: (908) 351-7727 Ext: 284

• Fax(908) 353-5185

• Languages Offered: English

• Coverage Area: Union County